Champaigne Shyne
House Hacking With Multi-Unit Using FHA Loan
Hi Everyone!So I have been wanting to buy my first property while generating income for the longest. I worked hard over the last 5 months to get my credit score to 753, pay off student loans, increase my credit line t...
Kel S
Here is the next offer we did...waiting to hear
We put in another offer on a foreclosed SFH. Now just waiting to see if the bank bites or not.
Listed at $46k and been on the market less than 30 days
We offered $30k cash w/no co...
Jim C.
Should I be selling my "PIGGIES" since the market is so HOT???
Is the market so hot now, that I should be selling some of my "Pigs"??Example: 0k is owed on the home (Paid $26k cash in 2009)Mortgage: $0 Recent appraisal: $92k Comps for the area are between $90-$120kTaxes: $1365In...
Sherry O.
Failed 1st Attempt on Short Sale
After listening to a ton of BP podcasts the last few months, I made my first offer on a short sale. Got rejected by the bank within a week, resubmitted offer at 10K higher, thinking this will increase my chance, but g...
Brian Eddings
Homepath withdrew their counter offer?
Looking for some advice. I recently made an offer on a Fannie Mae property listed on homepath.com. The property was listed for 59k. I offered 43k and they countered at 55k. I then offered 46k and they countered at 42,...
Michael Williams
I have a rental prospect without a social security number
Does anyone have a positive history of leasing to a prospective prospect that doesn't have a social security number? If so, what are safe guards to put in place?
Steve S.
Prospective tenant has asked me to do some upgrades. What to do?
They’d like different faucets. A different color paint on the bedrooms. Different kitchen fixtures. What would you do? This is a pretty premium high dollar property. They’ve suggested they would be willing to chip in...
Ryan Dunn
Unexpected Rate Increase on BRRRR Loan – Is This Normal?
Hi,
I have two BRRRR loans with Fixated Funding, both starting and closing on the same day. One loan was locked at 6.9%, the other at 7.1%. However, I just received the closing docs, and the rate on the 6.9% loan has...
Chloe Bowman
Auction.com??
Anyone ever purchase or even bid on properties on Auction.com? If they don't sell on there to do they go to MLS? Do all properties have a reserve? What tools do you use to determine potential property value with re...
David McCracken
Applicant with low credit score but stable high paying job
I have an applicant interested in one of the flats in my duplex, who has a stable job as an engineer at a large company and makes over 70k a year. However his credit score is quite low (around 550), and it shows he ha...